EURUSD FORECAST 06 JULY 2024 The EURUSD pair that moved up impulsively until it managed to pass the SMA 200 as dynamic resistance made the bearish trend direction in a weakening condition. We can see that the EMA 50 is approaching the SMA 200 which...
The AUD/USD currency pair has recently shown some dynamic movements. On the H1 timeframe, it broke out from the bottom upwards through a marked descending inclined level. This breakout led to the pair reaching the upper boundary of the descending...
XAU/USD: Stuck in a Range Awaiting Breakout: The XAU/USD pair, representing the exchange rate between gold (XAU) and the US dollar (USD), is currently in a consolidation phase, trading between significant technical levels. This range-bound movement...
XAU/USD: Analysis of Gold Price Consolidation Phase Support at 2380+: This level has been tested multiple times and has proven to be a strong support zone. If the price breaks below this support level, it could signal a continuation of the bullish...